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to talk about the jets and rex ryan going crazy?\" do you want to talk about the jets and rex ryan going crazy?"" do you want to talk about the jets and rex ryan going crazy?t" do you want to talk about the jets and rex ryan going crazy?i" do you want to talk about the jets and rex ryan going crazy?i" do you want to talk about the jets and rex ryan going crazy?i" do you want to talk about the jets and rex ryan going crazy?r" do you want to talk about the jets and rex ryan going crazy?t" do you want to talk about the jets and rex ryan going crazy?d jets and rex ryan going crazy? told everybody not to go to pray pra monday and tuesday because tefs it was embarrassing. and the tebow throw which was a fine throw, but what's his name got totally killed. >> is that where santonio holmes got hurt? >> no, he was hurt earlier. people being carted off the field the whole time. >> let's get a check of the markets. from the third quarter, you saw very strong numbers coming in. the dow, s&p 500 and nasdaq all up about 4.3% or even better. that reverses some of the losses that we saw in the second qua
as has paul ryan and certainly the vast majority of republicans in the house. which is a commitment not to raise overall taxes. romney's committed to cutting all tax rates at least 20%. ryan and the house republicans want to go to a top rate of 25% corporate and individual. romney's made it clear. any changes are in the context of keeping overall taxes from going up and making sure the middle class doesn't get hit request higher taxes. it's not a tax increase, he's made that clear. >> mr. secretary, a lot of discussion about whether or not the wealthy or the middle class families in america benefit more from any limit of deductions. >> well, a limit of deductions actually would hurt the wealthy to the extent that we're talking about a deduction that the wealthy take in very, very large amounts. a limit on those deductions makes some sense in terms of a progressive tax system. >> what do you think the plan for the president will be tonight? terms of tax reform, mr. reich? >> the president has said that he wants the so-called buffett rule that is a minimum tax particularly in regard t
with the breakdown, ryan alexander, president of taxpayers for common sense. ryan, nice to have you on the program. thanks very much for joining us. >> thanks for having me. >> so for so long all we talk about is the low-hanging fruit that is defense cuts as well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities. probably if you look at crop insurance or commodity payments in the agriculture, that can add up. smaller areas that's $1 billion. $1 billion here, $1 billion there, it adds up to money. we wanted a menu of thoughtful choices to reduce our deficit and avoid sequestration. >> go through it for us. because, you know, i guess if it were that easy, it would have been a lot simpler getting to the point where we're at. can you talk to us specifics about what you think should be cut? >> sure. that's what we wanted to do in this report. it's more than $100 bi
should go to something like the paul ryan house plan he introduced a couple years ago which would eliminate virtually all deductions and credits and use the money to simplify the tax structure down to 10 and 25%. romney needs to be more bold here. his running mate has the bold ideas for tax reform. that's where we should be going here. >> you know, we've had various members of the house ways and means committee on this program in the last six months. almost to the person they say they want to initiate some sort of overall tax reform for next year that would move toward a tax simplification. we've heard this for years, but that's what's on their agenda. david, i wonder that would work counter to what mitt romney is proposing now. >> tax reform is a heavy lift. lots of vested, strong interest groups are going to fight eliminating the mortgage interest deduction, eliminating the charitable deduction. any of that will be a tough lift. go back to the basic math problem romney has. he wants to cut tax rates, which would cost about $900 billion a year, according to estimates, which means
,000 that was the number that paul ryan floated today. things that trouble me. i don't want middle class taxes to go up at all. so i'm worried about not just the mortgage deduction, the kiddy credit, health care deductions and earned income tax credits and i'm a little concerned, i would have to see the details, i want it to red line all middle class deductions and soak the upper end whose rate comes down to 28. >> the chances are of somebody making $80,000 or less, you are probably not going to hit them on the earned income tax credits, probably pretty unlikely. but you are right. it could be a problem with the middle class. you have to see the fine print. did romney release the fine print? >> interview from the fox affiliate in denver. can i ask you? >> let me say this, this is the first time in a long time that i disagree wednesday yo disagreeed with you. if you can trade in people in the middle class to increase their investment i'm all for it even if it means a small investment in the amount that they pay. >> why not get rid of that in terms of the corporate tax rate. >> i'll take it. >> sorry how
't. are you playing paul ryan with have not -- because i hope it's not going to be in a high altitude -- i don't know whether vice president biden is also affected fwhi thin air, but hopefully you've got it at a sea level place. apparently tony, romney was training in the mountains around boulder and he had all his blood cells -- >> one of the funniest things i ever saw. >> the altitude affects romney differently. i think he breathes a little more. >> he's taller. >> maybe he trained for the debate in denver. right some remember max company city? >> i'm glad you're entertaining yourself. >> all preparation that matters, right? >> it is. jarrett, what do you think, are people underestimating the vice president's abilities with paul ryan? >> if they aren't, they shouldn't. he's quick on his feet. he's good at linking things to a narrative. i can't imagine he would want to go into the weeds with paul ryan and talk about budget baselines. he'll talk about the kind of narrative, the middle class, the folks that he believes -- >> the ones buried in the last four years? >> i think joe biden really do
, you know, business and the private sector to do better. and when he picked ryan, i thought, all right, it's a clear choice now, the country has a clear choice which way they want to go. but something got lost in the last -- you can just look at the polls where that didn't -- people are not looking at that at this point. they must be looking at something else because we do see president obama leading in most polls. what changed? what's different? >> well, it doesn't help when all the networks run a secret tape about 10,000 times in one week, and i think that really slanted and skewed the news. but i also think that the polling onslaught that comes out that shows him behind, i don't think it's accurate. because i think the filters are closer to a 2008 model. and a 2010 model was dramatically different. the tea party energized in 2009 and came out in 2010, i still think they're energized, and i think the silver lining of the supreme court upholding obama care is, is that those of us in the tea party who think obama care's a disaster for the country, we're all going to turn out because we
thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i think barack obama is the person who is most likely to be able to continue growing the economy. and the things that romney has proposed are unlikely to be successful. but i don't think ceos react to something like a debate. you know, they're looking at t
on taxes, yesterday you were on the paul ryan clip, but there is a debate over the romney tax plan, not that he's not going to lower taxes, he may lower taxes and that may be a good thing for the economy, but the question is ultimately does it bring in enough revenue to make it revenue neutral? one of the things they have said about republicans is it would lower the deficits but the taxes have exploded under them. your views? >> there's no question the deficits have exploded under them. the last two decades among the two wars and the mistakes in my opinion, we blew a lot of money. multiples of what we blew before. so, you know, my attitude is that -- >> jimmy, my question is do you have any confidence no matter who is in office that actually the hard cuts that need to be made ultimately to make any text plan deficit neutral are actually going to happen? >> and my question to you comes down to a simple question. >> do you believe in the tooth fairy? >> who does the president listen to? i wonder if you could name for me four or five executives who have been advising the president and
that the choice of ryan would scare people. >> he's up in all the polls with people over 65, though. >> right. but senior citizens are the strongest element of romney's coalition. doing very well with them right now. >> john, i know that every day as we get closer to the election, we need things to talk about, and the polls are all we have. how many people was this, 849 or something? what's the number? >> you talking about the national poll? >> yeah, either one. >> in the swing state polls, we do 1,300 registered voters. >> doesn't matter what the actual numbers are. i remember taking statistics, so i understand standard -- i understand how they try to make it scientific. but you know what i'm saying. you take any 900 people at any given tile and you think about 200 million people, whatever it is, but then we microanalyze the moist minute details because that's what we do as journalists. i can give you polls -- i saw a poll last week that had -- it was plus-four for the president, and then another one was down six. it was an individual state. and then you got the deviations between rasmussen
next week against ryan. that should be good, don't you think? >> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to y
Search Results 0 to 10 of about 11